Both companies are headquartered in the USA.
Arrowhead Composites and Thermoplastics, of Elmore, Alabama, became a part of Arrowhead Plastic Engineering, headquartered in Muncie, Indiana, through an acquisition in 1994. The facility specialises in several composites moulding processes.
Through this acquisition, Amtech, headquartered in Wapato, Washington, will be able to provide improved levels of service and support to current and new customers in the Southeast USA.
“Through this strategic acquisition we can meet the demand of our regional production commitments and provide a new territory for growth,” says Doug Christie, CEO of Amtech Corporation, which is owned by private equity firm Blackford Capital.
Amtech plans to continue growing its business in the Pacific Northwest as well as through its new location in the Southeast. The company is also seeking growth opportunities in the Midwest.
Amtech’s composite products are distributed in both military and commercial markets.